The government is making a big push for electric vehicles. The growth forecast is high and the policy is clear. However, the uptake will depend on the ability of the state governments to create charging infrastructure. The policy field was cleared last year. The ministry of power clarified in Apr 2018 that charging stations do […]

The Asian Development Bank (ADB) has announced that it will invest $50 million in Indian renewable energy independent power producer Avaada Energy Private Limited. Avaada aims to use the capital to expand its solar energy generation capacity in India. The ADB and Avaada entered into an agreement which was signed by the chairman of the […]

Recognized as one the leading mining nations in the world Polish government has prepared ‘West Bengal Project’ that was discussed recently during Bengal Global Business Summit. Poland was partner country of the summit for a third time in a row. Poland looks for collaboration with both PSUs and the biggest private players. During a recent […]

India’s SpiceJet Ltd could benefit from cash-strapped Jet Airways being forced to ground planes, and the low-cost carrier is in talks with lessors to lease some of those aircraft, a person with direct knowledge of the matter told Reuters. Shares of SpiceJet rose as much as 7.2 percent on Wednesday in their biggest percentage gain […]

Indian companies are welcome to participate in Indonesia’s infrastructure projects, particularly in the Aceh province, as the island nation makes development a priority, a senior minister has said. Addressing a gathering of chief executives of the Indian companies at the 2nd India-Indonesia Infrastructure Forum (IIIF) in Jakarta, country’s Coordinating Minister of Maritime Affairs Luhut Binsar […]

Category: Civil Aviation

India’s SpiceJet Ltd could benefit from cash-strapped Jet Airways being forced to ground planes, and the low-cost carrier is in talks with lessors to lease some of those aircraft, a person with direct knowledge of the matter told Reuters. Shares of SpiceJet rose as much as 7.2 percent on Wednesday in their biggest percentage gain […]

Low cost carrier SpiceJet on Tuesday said it has become a member of global airlines’ grouping IATA. SpiceJet is the first Indian budget carrier to join the International Air Transport Association (IATA), which has over 290 airlines as members. “The IATA membership is also significant on account of SpiceJet’s plans to rapidly expand its international […]

Etihad has asked SBI and other lenders of bankrupt Jet Airways to buy its 24% stake for approximately Rs 400 crore or Rs 150/share, ET Now learns exclusively from sources. This is a considerable discount to the current market price, and demonstrates Etihad’s keenness to exit the beleaguered airline. By seeking Rs 150/share for an […]

Cash-strapped Jet Airways Monday said it has grounded four more planes, taking the number of aircraft that are non-operational due to non-payment of lease rentals to 41. Grappling with financial woes, the carrier has been looking at ways to raise fresh funds. “… an additional four aircraft have been grounded due to non-payment of amounts […]

Aviation watchdog DGCA has called a meeting on Tuesday noon to discuss with airlines the upward spiral in airfares as Jet Airways continue to ground its aircraft and cancel a significant number of flights, a government official said. According to the official, after the Directorate General of Civil Aviation (DGCA) grounded all 12 of SpiceJet’s […]

More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets around the world have been taken out of service following two fatal crashes over the past five months in Ethiopia and Indonesia that killed almost 350 people in all. The causes of both crashes are still under investigation. One of the biggest unanswered […]

India’s embattled Jet Airways put photographs of smiling women employees on social media last week for Women’s Day, using the tagline “Standing tall; touching the skies” but few passengers reacted cheerfully. “‘Touching the skies’ is a good joke at a time when your flights are getting grounded,” said a respondent on Twitter, while others expressed […]

Budget carrier IndiGo Friday said it will start daily flights on three new routes – Chennai-Raipur, Hyderabad-Gorakhpur and Kolkata-Gorakhpur — from April. The carrier also said that April onwards, it will add more flights on the Chennai-Trivandrum, Bengaluru-Mangalore, Bengaluru-Udaipur and Bengaluru-Chennai routes. “We are very excited to add 14 new flights to our network along […]

For more than six decades, the Federal Aviation Administration has relied on employees of airplane manufacturers to do government-required safety inspections as planes are being designed or assembled. But critics say the system, dubbed the “designee program,” is too cozy as company employees do work for an agency charged with keeping the skies safe while […]

State-run Punjab National Bank (PNB) on Wednesday said any decision to provide emergency funds to cash-strapped Jet Airways will be taken collectively by the lenders and not on a standalone basis. The assertion comes in the backdrop of media reports that PNB had approved Rs 2,050 crore of emergency funding to Jet Airways, for which […]

Debt-laden Jet Airways India Ltd. faces the prospect of seeing some of its leased Boeing Co. 737-800 aircraft reallocated to other carriers as a global grounding of the planemaker’s newest Max series spurs demand for other models. BOC Aviation Ltd., the company leasing some of them to Jet Airways, is seeing “quite a lot of […]

Boeing Co.’s $600 billion-plus order book for its 737 Max began shaking after several big customers threatened to reconsider their purchases in the wake of the Ethiopian Airlines crash, the second deadly accident involving the plane since October. VietJet Aviation JSC, which doubled its order to about $25 billion only last month, said it will […]

The government is making a big push for electric vehicles. The growth forecast is high and the policy is clear. However, the uptake will depend on the ability of the state governments to create charging infrastructure. The policy field was cleared last year. The ministry of power clarified in Apr 2018 that charging stations do […]